Bluefield Solar Income Fund (LON:BSIF) Share Price Passes Below 50 Day Moving Average - Here's What Happened

Key Points

• Bluefield Solar Income Fund's stock price has recently dropped below its fifty-day moving average, trading as low as GBX 82.40 ($1.11).
• The company has a current market capitalization of £493.94 million and exhibits a significantly high P/E ratio of -4,278.21.
• Founded in July 2013, Bluefield Solar Income Fund is the first investment firm focusing on solar assets listed on the London Stock Exchange.

Bluefield Solar Income Fund (LON:BSIF - )'s stock price crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 90.94 ($1.22) and traded as low as GBX 82.40 ($1.11). Bluefield Solar Income Fund shares last traded at GBX 83 ($1.11), with a volume of 880,409 shares traded.

Bluefield Solar Income Fund Stock Up 0.5%

The stock has a market cap of £493.94 million, a P/E ratio of -4,278.21 and a beta of 0.14. The business's 50-day simple moving average is GBX 90.94 and its two-hundred day simple moving average is GBX 92.89.

About Bluefield Solar Income Fund

Bluefield Solar Income Fund (BSIF) is an investment company focused on the acquisition and long-term management of a diversified portfolio of low carbon assets in the UK, with a primary focus on solar assets. The fund's initial public offering (IPO) was in July 2013, making it the first investment company focused on solar PV to be listed on the London Stock Exchange (LSE).

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